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Top News In Retail Nyc Today - Breaking & Trending Today

The Glut Of U.S. Retail Space Is Slowly Getting Chipped Away

There was 56.8 SF of retail space per person in the U.S. at the end of last year.
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New York , United States , Suzanne Mulvee , Brandon Svec , Costar National , Star National Director , Analytics Brandon Svec , San Jose , Rust Belt , Real Estate Board , Costar Group , Retail Nyc , Lassb Malls , Lassc Malls ,

Victoria's Secret Loses Legal Bid To Skip Rent At Herald Square

Victoria’s Secret Loses Legal Bid To Skip Rent At Herald Square
2 Herald Square
An eight-month legal battle has come to an end with a Manhattan judge ruling that Victoria’s Secret is still on the hook for its nearly $1M per month rent in Herald Square, despite the problems caused by the coronavirus crisis.
The retailer sued its landlord, SL Green, in May, saying it should be allowed out of the lease for space at 2 Herald Square. Lawyers had argued that with the city closed for business, the lease was rendered “nonsensical.” The retailer has been in the space for nearly two decades. ....

New York , United States , Herald Square , Justice Andrew Borrok , Stephen Meister , Janie Jack , Old Navy , Subsidiaries Of The Gap Inc , Victoria Secret , Banana Republic , New York Business , Fifth Avenue , Hail Mary , Sl Green , 2 Herald Square , Retail Nyc , Covid 19 , Covid 19 Retail , Victoria 039s Secret , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ஹெரால்ட் சதுரம் , ஸ்டீபன் மைஸ்டர் , ஜானி பலா , பழையது கடற்படை , துணை நிறுவனங்கள் ஆஃப் தி இடைவெளி இன்க் ,